Replies to post #27985 on ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)

[2H2]

$cpce closed at .51. Don’t fear the reaper.

[mannken]

SP and Greed index

from swing low extreme fear to swing high extreme greed, 5 points away
https://www.cnn.com/markets/fear-and-greed

Daily chart, SP 4120/30 area = Vix buy for me. completely irrelevant but Vix 17 will match Uvix 17 haha


zoom out to monthly, I see bear flag with SP3300 target, .50 fib and reconnect back into long wedge, followed by a run to 4500+ retest 2021 highs in 2024

[mannken]

'I sold all of my uvix at a loss'

more credence to uvix run coming, but right call since made up in other trades

the double after sell always happens, gets me all the time, so maybe re-calibrate to only selling 1/2 when red positioning and fear are at extremes, think I'll do that going fwd